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The latest update is out from Shin Hwa World Limited ( (HK:0582) ).
Shin Hwa World Limited has announced a profit alert indicating a reduction in its consolidated net loss by not more than 10% for the year ended December 31, 2024, compared to the previous year. This improvement is attributed to increased revenue from its gaming segment, reduced amortization and depreciation, and lower operating expenses, despite a decrease in the fair value of investment properties.
More about Shin Hwa World Limited
Shin Hwa World Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the gaming industry and focuses on generating revenue from its gaming business segment.
YTD Price Performance: -21.50%
Average Trading Volume: 584,936
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$238.9M
Learn more about 0582 stock on TipRanks’ Stock Analysis page.